Friday, October 21, 2005

The Romney Administration--a Plague on Business?

There’s some bad news for the working people of Massachusetts in this morning’s papers.
First, the latest unemployment figures for the state are out and they’re discouraging. According to state officials, 700 more jobs were lost during the month of September. That’s on top the 4,500 jobs lost in August.
According to the Boston Globe business page, “employment in the past year has grown at about HALF the national rate.” (emphasis added). HALF!
The Globe also points out that Massachusetts is down 12,000 jobs since the Romney-Healey administration was installed.
Now, correct me if I’m wrong, but didn’t Gov. Romney, the “Jobs Governor,” run on a platform of attracting businesses and jobs to the state? Well, the Herald's business page has a story today that shows that instead of being the state’s “top salesman,” Romney is driving business out of the state. The owner of Medical Equipment Exchange, a small, high-growth company in Romney’s hometown of Belmont, has packed his bags and left town, headed for the Granite State. Seems the governor couldn’t do enough to keep his neighbor here….
Thoughts?

5 Comments:

At 10:27 AM, October 25, 2005, Blogger sco said...

It's really a great example of Rommney's complete failure to lead. The difference between the two Governors is that when Gov. Lynch leaves New Hampshire, he brings jobs back. When Gov. Romney leaves the state, he trashes it in stump speeches. How does he expect to be the state's "top salesman" if he's constantly telling people what a chore it is to be Governor of that wacky Massachusetts?

 
At 8:49 PM, October 27, 2005, Anonymous Anonymous said...

What sco said...going beyond politics and partisanship - I'm deeply disappointed in Romney. He's supposed to at least be a cheerleader for the state and can't seem to bring himself to do even that job in his haste to springboard upwards.

Personally, I would rather be congratulating Romney on a successful jobs and economy platform, and see my friends and neighbors prospering, than stand here and get to criticize him and get political benefit in state races out of his indifference.

 
At 5:19 PM, November 06, 2005, Anonymous Anonymous said...

Would The Thought Of Thousands Of Other Web Site's All Displaying Your Content,

 
At 7:46 PM, November 07, 2005, Anonymous Anonymous said...

I'd like ot go beyond Romney and talk about an issue that doesn't get any real answers. I asked this question of both Tom Reilly, Deval Patrick at a town committee meeting and they said things but had nothing of substance to say.

There are a LOT of people who lost jobs with salaries from around $75,000 - $150,000/year and are now either unemployed or deeply underemployed. Many of those who are working are making less than half of their former salaries.

According to the Globe last week, high tech jobs are still going away. Some of the non-answers I have heard suggest:
>>>Retraining. What should someone who has multiple degrees and has worked for years retrain for? How are they going to send their kids to college?

>>>Start a new company. (I ran a business myself for more than 14 years so I am familiar with this approach.) This answer ignores the fact that the majority of businesses fails in the first year and the majority of those that survive the first year fail in the next few years.

>>>Go to work for one of the new companies that someone else started. Many of the programs that help people start new businesses end up creating new jobs, but they're often low wage jobs.

When will candidates address this issue honestly?

 
At 1:53 PM, December 01, 2005, Anonymous Anonymous said...

I am among the ranks of the unemployed and while I am not a big fan of the governor, the idea of leaving the lack of job growth and job stagnation issue at his doorstep alone is short-sighted at best.

Companies that continue to layoff or ship jobs off shore are making the choice to do so and I do not hear much about state legislative members (largely democrats) making an effort to get in contact with companies in their respective districts in order to get a real sense of why they are making such choices and what action might best be taken in order to stave off further job loss.

Other than William Galvin researching the Gillette sale to Procter and Gamble, there really has been little action taken besides blaming the governor for job loss and stagnation.

Any suggestions?

 

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